{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-127977","form_type":"8-K","ticker":"AIR","cik":"0000001750","company_name":"AAR CORP","filed_at":"2023-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.309874+00:00","generated_at":"2026-06-07T09:13:02.590985+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"AAR agrees to acquire Triumph Product Support for $725M cash; 20% EBITDA margin","bullets":["Deal valued at $725M cash; expected tax benefits of ~$80M present value.","Triumph Product Support FY2024E revenue ~$280M, EBITDA ~$55M (20% margin).","Effective purchase price multiple of 11.7x EBITDA; 9.9x including $10M run-rate cost synergies.","Expected to be accretive to margins and adjusted EPS in first full fiscal year.","Closing targeted in Q1 2024; bridge financing committed; net leverage ~3.0x at close."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-127977","json":"https://secwatch.observer/filing/0001104659-23-127977.json","markdown":"https://secwatch.observer/filing/0001104659-23-127977.md","text":"https://secwatch.observer/filing/0001104659-23-127977.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750/000110465923127977/0001104659-23-127977-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750/000110465923127977/tm2333067d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T09:13:02.590985+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}